Now that it's mathematically impossible for anybody to grab him with Chem X drafting Vuc, I'm really surprised that Lillard didn't get picked. He was looking really good before his calf injury, playing a little more off ball, and generally looking pretty spry. I think there could be a team built around him, 6-8 other players, and a whole bunch of cheap scrubs that could slide in under $150M and at least wouldn't totally be out of place here.
That extra $5-10M for the Supermax guys makes a big difference in team construction, especially in our hard-capped universe.
Definitely, but he was looking top 8-10 in the NBA good those first few games and he was worth it at that level. Would have been fun to see him on a team like Trader Jake's with Jokic and a handful of elite 3-D guys.
When I landed the #3 pick, my 'draft board' was 1) Giannis, 2) Luka, and then I was torn between Tatum and Ja.
Tatum because good wings are gold and he has the best combination of offense and defense as well as upside vs proven track record. Ja because he's a freak, likely to take another step this season as long as he stays healthy, and his salary this season would make building around him a bit easier.
So I chose Jokic.

Mainly because I wanted the challenge of building around him. Plenty of good bigs could be had cheap, but that's out the door with him. As is building a switching defensive team. On offense, you'd be wise to avoid a ball dominant guard because you want the ball in Joker's hands a lot. You'll also need to invest a bit more on defensive players around him if you want to win votes at the end of the season.
That was my thought process at the beginning, so I started looking at the best players to target. Immediately I listed Jrue, he was my very top choice and I considered him as my 2nd round pick. For all the obvious reasons, he's a perfect player to team with Jokic. However, his salary is high at ~$33 mil, so building a team around those two salaries was going to be tough.
It seemed like my best bet to make Jokic + (hopefully) Jrue work was to identify the best non-centers on cheap deals. I had Haliburton as my top choice in round 2 with Bane next. In rounds 3 & 4 I had Herb Jones penciled in with Seddiq Bey, Jaden McDaniels, Ayo Dosunmu, and Franz Wagner all on the short list. Instinctive snagged Haliburton and Herb Jones in front of me

but I was very, very pleased to get Bane.
With Bane and Jokic on board I was already confident on the offensive side of the ball, especially the inside/outside dynamic. Bane's salary also made Jrue more realistic, especially after I landed Bey and McDaniels to fill forward rotation minutes. With Jrue's salary, I figured he'd drop a bit as cheaper options like Marcus Smart and/or [other PGs] were taken. If all those options went before I picked in round 5 I considered Damian Lillard, like Kev mentioned. In the end, I felt pairing Dame Time with Jokic and 3&D players would ultimately end with an almost guaranteed 2nd round exit. I felt that build just wouldn't have enough defense for voters to see anything else.
So, that's a lot of words.

I still have a few strategic hoopers to draft with almost $40 mil left, so we'll see how the draft finishes up. I'd be interested to hear what thought process others went through in the early rounds to put their squad together.